Yellen to defend IRS in Tuesday speech, say Republican-proposed cuts would be ‘damaging’ ...Middle East

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By Katie Lobosco, CNN Washington (CNN) — Treasury Secretary Janet Yellen is expected to defend the Internal Revenue Service in a speech Tuesday against repeated threats from Republicans to cut the agency’s funding. “Playing politics with IRS funding is unacceptable. Cutting it would be damaging and irresponsible,” Yellen will say, according to prepared remarks. The IRS was allocated an influx of $80 billion by the Democrats’ Inflation Reduction Act, which passed last year. The funds are intended to help crack down on tax cheats and improve taxpayer service. But the funding has become politically controversial. Most recently, House Republicans voted to rescind $14.3 billion from th

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